Jefferies analyst Edward Mundy has initiated coverage on Altria Group (MO, Financial) with an "Underperform" rating. The announcement was made on July 9, 2025. This is the first coverage by Jefferies on Altria Group, which will be closely watched by investors and market analysts.
Alongside the rating, Jefferies has set a price target of $50.00 USD for Altria Group (MO, Financial). This new target reflects the analyst's forecast for the company's performance over the coming months. With the stock currently trading around this target, the "Underperform" rating suggests limited growth potential from its current level.
The initiation of coverage by Jefferies could have significant implications for Altria Group (MO, Financial), providing investors with a fresh perspective on the company. As the market reacts to this new rating and price target, stakeholders will be looking closely at how the company navigates future market conditions.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 12 analysts, the average target price for Altria Group Inc (MO, Financial) is $59.14 with a high estimate of $73.00 and a low estimate of $49.00. The average target implies an downside of 0.67% from the current price of $59.54. More detailed estimate data can be found on the Altria Group Inc (MO) Forecast page.
Based on the consensus recommendation from 14 brokerage firms, Altria Group Inc's (MO, Financial) average brokerage recommendation is currently 2.6, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Altria Group Inc (MO, Financial) in one year is $47.26, suggesting a downside of 20.62% from the current price of $59.54. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Altria Group Inc (MO) Summary page.
